Business

All the recent business news in Nigeria, economy and industry updates.

FG approves 30 days extension for PEBEC regulatory accelerator

The federal government has approved by 30 days the extension of the Presidential Enabling Business Environment Council (PEBEC)’s 90-Day Regulatory Ref

Discos generated N294bn as FG paid N253.7bn subsidy in Q4 2023

The 11 electricity distribution companies (DisCos) collected the sum of N294.95bn revenue out of the N399.69bn billed to their customers in the fourth

Culture ministry votes N290m for solar streetlights in miniter’s LGA

The Federal Ministry of Arts, Culture and Creative Economy has earmarked the sum of N290 million for the provision of solar street lights in Musawa LG

Bonny Gas charters eco-friendly new-build vessel, AKTORAS

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a new-build vessel, AKTORAS, in a strategic move to diver

Sanusi, Moghalu, Kpakor lead discussion at Rivers investment summit

The 14th Emir of Kano and former governor of Central Bank of Nigeria, Alhaji Lamido Sanusi, former deputy governor of Central Bank, Kingsley Moghalu a